Prestige Consumer to acquire Breathe Right brand in $1.05 billion deal

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Prestige Consumer Healthcare is set to acquire the Breathe Right brand from Foundation Consumer Healthcare for approximately $1.045 billion, marking its entry into the nasal strip market. The acquisition is expected to boost Prestige’s core profit and will make Breathe Right the largest brand in its portfolio, aligning with the company’s strategy of acquiring strong, cash-generating OTC brands. The deal is projected to close in the first half of 2027.

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